Saturday, October 31, 2026

Is Trump Moving Forward with Marijuana Rescheduling?

President Donald Trump reportedly pledged to advance marijuana rescheduling “soon” during a private meeting with House Republicans last week, even as other GOP lawmakers launch an investigation into how the previous administration handled the process.

“We’ll be moving forward soon with rescheduling marijuana,” Trump told two House members during the closed-door meeting, according to a congressional staffer present. The comment is Trump’s first known statement this year on federal marijuana rescheduling.

The president’s support comes as other Republicans escalate criticism of the rescheduling process. The House Appropriations Committee is calling for an investigation into the previous administration’s recommendation, citing what it calls “deviations” from a prior review process and “mental health hazards” of cannabis use.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Read: Trump’s Pro-Marijuana Campaign Promises Fade as Rescheduling Stalls

The Drug Enforcement Administration was scheduled to begin formal hearings on January 21 regarding the proposed rescheduling of marijuana from Schedule I to Schedule III. However, those proceedings have been postponed pending resolution of an appeal.

The former Biden administration initiated the rescheduling process in April 2024, following a Health and Human Services recommendation that marijuana has accepted medical uses and lower abuse potential than other Schedule I substances.

Trump’s comments suggest the new administration will continue pursuing the policy despite inheriting it from his predecessor. The Senate is expected to confirm Terrence Cole as DEA Administrator, who indicated during confirmation discussions that rescheduling would be a top priority.

Read: DEA Nominee Views Cannabis Reclassification as Priority, Stops Short of Guarantee 

If finalized, rescheduling would provide significant tax relief to state-legal cannabis businesses and ease research restrictions, though marijuana would remain federally regulated.



Information for this story was found via The Marijuana Herald, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

DWAC Briefly Rallies Amid Trump 2024 Possibility

Never mind the failure to solidify a Republican base with some of his endorsed bets...

Tuesday, November 15, 2022, 03:50:00 PM

Trump: “I Actually Think The Conservative Hated Me Much More Than The So Called Liberal”

Canadian Prime Minister Mark Carney will visit Washington for talks with President Donald Trump soon,...

Thursday, May 1, 2025, 07:51:40 AM

Donald Trump Endorses Jim Jordan for Speaker of the House

Former President Donald Trump has officially endorsed Rep. Jim Jordan (R-Ohio) as his choice for...

Friday, October 6, 2023, 11:39:00 AM

SEC Prioritizes Trump’s Push to End Quarterly Earnings Reports

The Securities and Exchange Commission said Monday it is “prioritizing” President Donald Trump’s proposal to...

Tuesday, September 16, 2025, 08:39:38 AM

Republicans Demand $1 Billion for Trump Ballroom Security Upgrades

Senate Republicans, led by Judiciary Committee Chair Chuck Grassley of Iowa, have proposed allocating $1...

Tuesday, May 5, 2026, 09:49:06 AM